Corporate News     07-Feb-17
Mohit Industries provides business update
Plans to increase yarn capacity by 50% in next 4 years
Mohit Industries announced that compared to last financial year's export of Rs. 57 crore, it has already achieved export sales of Rs. 63 crore with 2 months to go. Company has good export orders and thus plans to close the financial year 2016-17 with export turnover in excess of Rs. 75 crore, which will be jump of more than 30% compared to last year.

Looking at the demand scenario, company has completed construction of approximately 60,000 square feet of building at Kim, Gujarat and has started putting more machines to increase capacity. Company plans to increase it yarn capacity by 50% within next 4 months.

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